Newcastle United's £31 million transfer list

Newcastle United owner Mike Ashley has been told that by Alan Shearer that the only thing that would convince the 38-year-old Geordie to take charge of the Magpies permanently next term, is a sizable transfer kitty for signings over the next month.

Bleacher Report has listed a number of potential candidates for the Championship Toon; players who may deliver the goods for the hapless Magpies over the grueling 46-game Coca Cola Championship season.

United are set to receive as much as £30 million from offloading up to fifteen first-team players over the next few months, and that money should be used as a means to restock on players before pre-season begins on July 1, 2009.

Not gonna happen, the cash from the transfers (sales) is going to be used to prop the club up. Remember reduced TV money, ticket sales, sponsorships etc. Parachute payments aren't going to cover all that.

'United are set to receive as much as £30 million from offloading up to fifteen first-team players", Wow, you would only get 30 million even if you ofload 15 players? i know that Relegetion reduces the Value of players but 15 players for 30 million suggests a average Value of 2 million per player which suggests that you squad is poor and deserved to Go down

Yid from India - we did! There are a lot of players in that 15 either out of contract or over 30. I think the £30m is based on Martins, Coloccini, Nolan, Gutierrez, Enrique, Smith and Duff, which makes it nearer £3m a player.

I think Martins can bring in £10m, Colocini and Gutierrez £8m combined, Smith £2m, Bassong £8m, Enrique and Xisco another £8m combined which comes to £38m and swapping Nolan for Derbyshire (value £4m) = £42m. It would also be possible to cut the wage bill by 60% which would save the club £44m in wages alone especially when we cut Viduka, Geremi, Cacapa, Owen etc.